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"Our ongoing commitment to Nokia Growth Partners reinforces Nokia's support for a vibrant mobile ecosystem and our determination to collaborate with industry innovators to build great mobile products," Timo Ihamuotila, Nokia executive vice president and CFO said in a statement.

Aiming to grow its Chinese business, NGP has hired David Tang, president of chipmaker AMD's Chinese operations, in addition to Lu Guo, vice president of Keytone Ventures mobile and internet investments. The pair will be based on Beijing.

"We are pleased to welcome David Tang and Lu Guo to the NGP team and look forward to their contributions to our ongoing investment activities in China, an important market for Nokia," said Paul Asel, managing partner of Nokia Growth Partners.

"David Tang is well known in the Chinese venture community as an advisor to leading mobile businesses such as UCWeb and Ganji. NGP has enjoyed a long relationship with Mr Tang during his earlier tenure as vice chairman of Nokia China."

Liam Tung is an Australian business technology journalist living a few too many Swedish miles north of Stockholm for his liking. He gained a bachelors degree in economics and arts (cultural studies) at Sydney's Macquarie University, but hacked (without Norse or malicious code for that matter) his way into a career as an enterprise tech, s...
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